USD/JPY – 10.06.2024
The USDJPY pair corrected as prices managed to test the uptrend support line around the 154.50 zone, as seen on the chart.
The market managed to rebound today to print a price of 157.18.
Intraday levels show the first support at around 156.40, whereas if prices hold above this area, a further advance could move towards 158.00 and higher.
Below 156.40, more of a drop could hit the market with the second support around the 154.50-155.00 zone.
Below 154.50, more of a drop toward the 152.50 – 153.00 area could happen.
SUPPORT | RESISTANCE | |
LEVEL1 | 156.40 | 157.20 |
LEVEL2 | 155.10 | 158.00 |
LEVEL3 | 154.50 | 160.00 |
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